The Source for Cyber Insurance News, Insights and Data
Kroll announced the appointment of Katherine Keefe as Managing Director and Global Cyber Insurance Industry Lead. In this role, Keefe will lead Kroll’s global cyber insurance efforts, expanding services for insurance clients dealing with evolving cyber threats and regulatory challenges. Dave Burg, Global Head of Cyber & Data Resilience at Kroll, emphasized Keefe’s expertise and … Read more
Pen Underwriting has relaunched its cyber insurance proposition for large corporate clients, marking a significant expansion in its coverage and risk appetite. Announced on October 17, 2024, the revamped offering includes £10 million in primary cover and a £15 million limit for excess of loss (XOL), backed by a consortium of A-rated capacity providers with … Read more
Despite the growing adoption of cyber insurance across large enterprises, a striking gap remains in executive and boardroom engagement with these crucial policies. According to the 2024 Cyber Insurance Report by QBE North America and Zywave, only 38% of companies frequently discuss cyber insurance at the C-suite level, and fewer than 20% of boards are … Read more
Directors and Officers (D&O) insurance can be an essential part of protecting executives’ personal assets and mitigating the risks companies face from lawsuits tied to management decisions. With this concern in mind, there is news that Concierge Cyber has introduced two new products, Concierge Cyber with D&O Shield and Concierge Cyber with Entity Shield, to … Read more
In May 2021, a ransomware attack on the Colonial Pipeline slammed the brakes on fuel deliveries across the U.S. East Coast, exposing the alarming vulnerability of critical infrastructure and sparking chaos in its wake. The oil and gas industry, which is highly dependent on automation and digital control systems, has since made cybersecurity a top … Read more